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Bluesky: The Meteoric Rise of a Decentralized Social Network

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November 20, 2024 By Andre Van Niekerk

In a digital world dominated by algorithms and data ownership concerns, a new player is emerging to redefine the landscape: Bluesky. Born out of a desire to decentralize social media and put control back into the hands of users, it’s not just another platform, it's a movement. With an explosive surge in new users and a growing exodus of brands from Twitter, Bluesky is poised to disrupt the status quo and usher in a new era of digital engagement. For brands and advertisers, the question is no longer whether to join Bluesky, but how to harness its potential to stay ahead in an ever-evolving media landscape.

bluesky app icon on phone

Going back to its origin

Bluesky originated as a research initiative within Twitter in 2019, led by then CEO Jack Dorsey. The goal was to explore decentralizing the platform, giving users more control over their data and experience. In 2021, Bluesky became an independent project, developing the AT Protocol, a communication protocol for decentralized social networking. The platform officially launched as an invite-only beta in February 2023 and opened to the public in February 2024. This move marked a significant shift in the social media landscape, aiming to create a more open and user-centric environment.

Surge in New Users

Bluesky has seen an exponential surge in new users, particularly after the U.S. presidential election. The platform now boasts more than 18.5 million users, with a growth rate of around 1 million new users per day. This rapid growth has been driven by dissatisfaction with Elon Musk's X (formerly Twitter), with many users seeking a less toxic and more controlled social media experience. This migration is not a fleeting trend but reflects a deeper desire for a platform that respects user autonomy and privacy. Bluesky's commitment to decentralization has resonated with users, leading to a community that is growing and highly engaged. The platform's focus on user control and data ownership has created trust that traditional social media platforms struggle to maintain.

Why Brands Are Moving to Bluesky

Brands are increasingly moving to Bluesky from Twitter due to several compelling factors.

1. Decentralization: Bluesky offers a decentralized platform, allowing users to host their own data and create custom feeds. This decentralization reduces the risk of data breaches and ensures that users have complete control over their information.

2. User Control: The platform provides more options for users to control the content they see, including end-to-end encryption for messages. This level of control enhances the user experience, making it more personalized and secure.

3. Brand Safety: Bluesky has a more controlled environment, reducing the presence of misinformation, hate speech, and bots. This safer environment is appealing to brands that want to protect their reputations and engage with their audiences in a positive space.

Brands that have made the shift to Bluesky are finding new opportunities to connect with their audience. The platform's unique features, such as custom feeds and enhanced privacy settings, allow brands to create more targeted and effective campaigns. This ability to engage with users in a meaningful way is driving the migration from Twitter to Bluesky.

What Brands Need to Know

It's important to know that Bluesky is still a relatively new platform, but it offers unique opportunities for engagement.

1. Custom Feeds: Brands can create custom feeds to target specific audiences. This allows for more precise marketing efforts, ensuring that content reaches the right people at the right time.

2. User Engagement: The platform encourages more meaningful interactions, as users can choose or create algorithmic feeds. This fosters a community where brands can build deeper connections with their audience.

3. Privacy and Security: Bluesky prioritizes user privacy and security, which can enhance brand trust. Brands must align their strategies with these values to resonate with their user base.

Brands must also be prepared to adapt to the evolving features and user expectations on Bluesky. This flexibility will be key to leveraging the platform's full potential and staying ahead in the competitive social media landscape.

Advertising on Bluesky

Currently, Bluesky is ad free. However, as the platform continues to grow, it is likely that advertising options will be introduced in the future. Brands should keep an eye on developments and be prepared to adapt their strategies accordingly. Dentsu will continue monitoring the situation and provide updates as, and when, they become available.

The potential for advertising on Bluesky opens exciting possibilities for brands. With its focus on user control and privacy, the platform could offer more transparent and user-friendly advertising options. Brands that are early adopters of Bluesky's advertising platform could gain a competitive edge by reaching a highly engaged and loyal user base.

hands holding phones

Potential Impact on the Media Industry

Bluesky's rise could have a significant impact on the media industry.

1. Shift in Advertising: As brands move to Bluesky, advertising dollars may shift away from traditional social media platforms. This redistribution of ad spend could lead to new opportunities and challenges for media companies.

2. New Content Strategies: Media companies will need to develop new content strategies to engage audiences on a decentralized platform. This may involve creating more personalized and interactive content that aligns with Bluesky's values.

3. Increased Competition: The media industry may see increased competition as more platforms emerge to challenge traditional social media giants. Bluesky's success could inspire other decentralized platforms, leading to a more diverse and innovative social media ecosystem.

Bluesky's influence on the media industry extends beyond advertising. Its commitment to decentralization and user control could set new standards for how media companies interact with their audiences. This shift could lead to more transparent and ethical practices in the industry.

Brand Safety Considerations

Bluesky's focus on user control and privacy can enhance brand safety.

1. Reduced Misinformation: The platform's decentralized nature and user-managed moderation can help reduce the spread of misinformation. This creates a safer environment for brands to engage with their audience.

2. Controlled Environment: Brands can benefit from a more controlled and less toxic environment, improving their reputations and user trust. This controlled environment allows brands to communicate their message more effectively without the noise and negativity that plague other platforms.

Brands must also be proactive in monitoring and addressing any brand safety concerns on Bluesky. By aligning with the platform's values and engaging with its community, brands can build a positive and trustworthy presence.

Conclusion

Bluesky represents a new era in social media, offering a decentralized, user-controlled platform that prioritizes privacy and security. As brands and users continue to migrate, the platform's impact on the media industry and advertising landscape will be significant. Brands should stay informed and adapt their strategies to leverage the unique opportunities it presents.

By embracing Bluesky's principles, brands can not only reach a highly engaged audience, but also contribute to a more ethical and transparent social media ecosystem. This platform’s potential to reshape social media is immense, and the brands that recognize and adapt to this shift will be at the forefront of the future of digital engagement.

References
1. What is Bluesky and how many users have joined it? (2024). Yahoo!
2. What is social media platform Bluesky which people are leaving X for? (2024). Firstpost.
3. X rival Bluesky sees more than 700,000 new users after the U.S. election. (2024). MSN
4. Bluesky Social Statistics 2024 (bsky): User Count Key Insights. (2024). Namepepper.